IRB Invit Fund has informed the Exchange regarding Credit rating Review on 14/04/2025
Awaiting price reaction for this filing.
CARE Ratings Limited has reaffirmed the credit rating of IRB InvIT Fund at CARE AAA with a Stable outlook for both its Long Term Bank Facilities of Rs 2,728.18 crore and its Issuer Rating. The rating was previously assigned in January 2025 and has been reconfirmed as outstanding with no change. CARE AAA indicates the highest degree of safety regarding timely servicing of financial obligations and the lowest credit risk. The Trust continues to meet the highest standards of creditworthiness according to the rating agency.
This is a neutral-to-positive signal for investors, as the AAA Stable rating confirms strong credit quality and low default risk, which may support borrowing costs and investor confidence in the InvIT units.